8761 Highway 78 Okeechobee, FL $ 5,900,000
8761 Highway 78
$ 5,900,000
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8761 Highway 78

Okeechobee, FL, 34974
$ 5,900,000
Bedrooms123 Baths123.0 Sq 123

Monthly Estimate*

$ 36,327

8761 Highway 78, Okeechobee, FL 34974 - Image 1
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Single Family Home for sale in Okeechobee, FL

for $5,900,000 with 123 bedrooms and 123 full baths. This 123 square foot home was built in 1984 on a lot size of 10.6.

Value Add 2 Contiguous RV Parks with 123 Pads - The offering presents an exceptional opportunity to acquire two contiguous RV parks—Dew Drop RV Park and Okeechobee Lake RV Park—positioned on a combined 10.2 acres with canal frontage providing direct access to Lake Okeechobee, one of Florida's most iconic natural landmarks. Dew Drop was developed in 1988 and spans 3.9 acres featuring 57 well-maintained, rent-only pads. The park is thoughtfully designed with dual access points, paved interior roadways, and sub-metered public water with septic infrastructure in place. Okeechobee Lake RV Park encompasses 66 rent-only pads and offers residents a clubhouse, freestanding bathroom/shower facility. Tenants are billed for their pro-rata share of water/electric. +++ Download the OM +++ Download the Offer Memorandum for all details regarding the opportunity. +++

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Single Family Active

Price

$ 5,900,000

Bedrooms

123

Full Bath

123

Property Type

Single Family

Taxes

$ 73,140

Style

Lot Size

10.6

Year Built

1984

Town/City

Okeechobee

County/Region

Okeechobee

MLS | Web ID

B26038762

Features
General
Sewer PublicSewer
Heating Other
Cooling Other
Utilities CableAvailable ElectricityAvailable WaterAvailable
Possession CloseOfEscrow
Roof Other
Construction Materials Other
Year Built 1984
Electric Amps100
Stories Count 1
Levels One
Property Subtype MultiFamily
Tax Year 2026
Gross Income 759000
Business Type GasStation
Building Name Dew Drop Inn & Okeechobee Lak
County Okeechobee
Net Operating Income 455714
Property Type CommercialSale
Full Baths 123
Status Active
City Okeechobee
Senior Community Y/N false
Zoning Description RR
Number Of Units Total 123
MLS Area 6230 SW Okeechobee County
Lot Size Units SquareFeet
Listing Terms Cash Conventional
Tax Annual Amount 73140
Virtual Tour https://www.propertypanorama.com/8761-Highway-78-W-Okeechobee-FL/unbranded
Standard Status Active
Occupancy Type Tenant
Total Actual Rent 759000
Expected Active Date 2026-06-09
Legal Description COMMENCING AT THE SOUTHEAST CORNER OF LOT 30 EAGLE BAY SURVEY ACCORDING TO PLAT OF SAID SURVEY AS RECORDED IN PLAT BOOK 1 PAGE 31 PUBLIC
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Interior
Total Stories 1
Total Bedrooms 123
Total Baths 0
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Exterior
Parking Features AccessibleParking Other
Water Source Public
Total Parking 246
Number of Buildings 123
Building Area Total 123
Lot Size Acres 10.6
Covered Spaces 0
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* Excluded Features
List By
Media Realty

Broker

mediarealty@earthlink.net

Email

Affordability Calculator

$42,422
Per Month
86%
14%
0%
Monthly Principal & Interest
$36,327
Monthly Property Taxes
$6,095
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/9/2026$5,900,000 Listed Price

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8761 Highway 78, Okeechobee, FL, 34974 is a Single Family Home for sale at $5,900,000 with 123 sqft and a lot size of 10.6. 8761 Highway 78 has 123 bedrooms, 123.0 baths, and was built in 1984. The property's zip code is 34974 which is in Okeechobee, FL